Gobo-Shi Land average value
Price 6,817,843 JPY
- Dist. from Sta. 19.5 min walk
- Property area 390.4 sq.m
The average price of a sq.m Land of Wakayama Gobo-Shi, in 2017 was 9,039 JPY/sq.m. The market value represents a decrease of 6,317 JPY (-41.1%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 11 (-73.3%) compared to 1 year ago and a transition to a dramatic market.).
The average size of the real estate was 197.5 sq.m (a -56.8% decrease compared to the 457.7 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station.
Cause of price increases
- A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 6.7% of total transactions in 2016 and 25.0% of total transactions in 2017)
Causes of price decreases
- A dramatic increase in average distance from the station (representing 19.1 min in 2016 and 28.2 min in 2017; +47.6%)
Gobo-Shi Land market value list
|Area||Average Trading Price||Average Unit Price|
|湯川町||18,807,368 JPY||48,264 JPY/sq.m|
|薗||11,170,408 JPY||42,998 JPY/sq.m|
|藤田町||8,430,000 JPY||25,257 JPY/sq.m|
|島||10,947,368 JPY||31,631 JPY/sq.m|
|塩屋町||6,454,444 JPY||22,282 JPY/sq.m|
|野口||6,975,000 JPY||21,637 JPY/sq.m|
|名田町||6,841,667 JPY||20,566 JPY/sq.m|
|熊野||5,440,000 JPY||22,344 JPY/sq.m|
|御坊||3,344,286 JPY||18,083 JPY/sq.m|
|岩内||4,575,000 JPY||11,180 JPY/sq.m|